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Deductions & credits
Yes, you can split the Mortgage Interest, Property Tax, and Mortgage Insurance, if you both actually paid half. If you're both using the Standard Deduction, though, it won't make a difference in your returns.
However, if one of you is close to being able to Itemize Deductions, you might consider letting one person claim all the house-related deductions, since even claiming half won't make a difference in the other person's return, and may benefit the person that itemizes.
Here's more info on Splitting Form 1098.
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March 19, 2023
12:00 PM